Critical GST Alert: Update Bank Account Details by December 2nd to Prevent Registration Suspension

Critical GST Alert: Update Bank Account Details by December 2nd to Prevent Registration Suspension

• Urgent Compliance Mandate

  The Goods and Services Tax Network (GSTN) has issued an advisory urging all GST-registered taxpayers to promptly update their bank account details on the GST portal. This mandatory action is required to ensure compliance with Rule 21A read with Rule 10A of the Central Goods and Services Tax (CGST) Rules.

• Critical Deadline Imposed

  Taxpayers must provide valid bank account details on the GST portal by the specified implementation date, which is December 2, 2025.

• Consequence of Non-Compliance

  Failure to comply and furnish valid bank account details by the deadline will make the taxpayer liable for the auto-suspension of their GST registration, leading to the disruption of business operations.

• Call to Action

  Taxpayers are strongly encouraged to update their details immediately to avoid this automatic suspension, prevent any resulting inconvenience, and ensure the smooth, uninterrupted functioning of their business under the GST system.